Hidden Bibliographic Details
Varying Form of Title: | Kingdom of the Netherlands : Aruba : assessment of financial sector supervision and regulation
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Other authors / contributors: | International Monetary Fund. Monetary and Capital Markets Department, issuing body.
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ISBN: | 1280919523 9781280919527 9781451994278 1451994273 9781452754970 1452754977 9781451800135 1451800134
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Notes: | "Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country." "September 2008." Print version record.
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Summary: | 1. Aruba, which is part of the Kingdom of the Netherlands, is a small, open Caribbean island with nearly 96,000 inhabitants. The economy is highly dependent on tourism, which generates 43 percent of GDP in export revenues. Strong legal institutions, good governance and openness have brought the country stability and rapid development, and Aruba's per capita GDP ($21,200) is now one of the highest in the region. However, the heavy dependence on tourism also renders the economy vulnerable to external shocks.
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Other form: | Print version: Aruba. Washington, D.C. : International Monetary Fund, 2008
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Standard no.: | 10.5089/9781451994278.002
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